Essentials Of Engineering Economics (mcgraw-hill Series In Industrial Engineering And Management Science)

Intended for one-semester engineering economy and financial analysis courses,Essentials of Engineering Economics,2nd Ed. is the condensed version of Engineering Economics,3rd Ed. . Comprised of the first 17 chapters of the longer text,it has been substantially revised and now incorporates the most recent tax laws,hot new topics,and new pedagogical aids. The text provides a job-related,business world context for the examination of financial realities that influence economic decisions in engineering. This practical approach to the interaction of engineering and economics includes a thorough discussion of the analysis of public projects and service programs,illustrating the often conflicting issues and responsibilities involved. The current concerns of engineering economists are addressed in the material on environmental protection,effective utilization of resources,and improving productivity. The growing use of microcomputers in engineering economics is acknowledged by a new chapter on microcomputer applications. In addition,much of the material on taxes has been rewritten due to recent changes in the tax laws. Worked-out review exercises at the end of each chapter now contain over 750 questions and problems; answers to half of these problems and a glossary of key terms appear in new appendices.